The object under construction: the general concept and features of registration

The facility under construction isa structure that requires initial capital investment. Subsequently, the use of such facilities should generate income. However, it should be issued to a non-state owner, who has the opportunity to complete its construction. The object is firmly attached to the site on which it stands, and it is impossible to transfer it to another place without destroying its elements.

In principle, unfinished can be called anyan object that has not yet been completed. This category can also be attributed to those structures whose construction is mothballed. Since the ownership right comes into force only when the construction is completed, in order to formalize the object under construction, you must perform several procedures. First of all, the possibility of buying such a structure depends on who will sell it. The acquisition procedure is prescribed by law.

The object under construction cantransfer to the mortgage, and together with the land on which the structure is located. However, to do this, you must obtain a court decision that recognizes the rights of ownership of the ONS.

To register an objectconstruction in progress, you must collect some documents: a certificate that confirms that the owner has rights to the site and construction; permission to erect a building; a document containing a complete description of the structure; project and construction estimate.

If the land on which are heldof work, is not the property of the applicant, but he has the right of unlimited use, then a document confirming this is submitted to the registration authorities. Naturally, in order to formalize an object under construction, other documents should be submitted: the act of suspending or preserving the structure; land plot cadastral plan; contract confirming participation in shared construction (if construction was carried out on its basis).

It is also necessary to report on the quantity.funds that were invested in the construction of the structure. Basically, the developer must provide all documents to the registration authorities. If he does all the work at his own expense, then a certificate should be submitted stating that the owner finances the construction himself.

Construction in progressproduced on the basis of documents submitted to the registration authority in duplicate. Instead of originals, you can bring copies, certified by a notary. It must be remembered that there is a time limit during which all papers must be submitted. The state also establishes a certain period for which registration must be made.

In case after registration of such a structurethe developer decided to resume all work, you must notify the state authorities, which will make changes to the Unified Register. In this case, property rights will have to be reformed